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Re: Kuhn - Radical Breakthroughs
email TEXT-001-HOUSE_OVERSIGHT_026317.txt Aug 22, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

From: Robert Kuhn Sent: 8/23/2018 6:28:45 PM To: jeffrey E. [[email protected]] Subject: Re: Kuhn - Radical Breakthroughs Importance: High Two short commentaries on our favorite Trade War - CNBC yesterday, Fox Business today. CNBC - August 22, 2018 https://www.cnbc.com/video/...

Internet sector trading multiples for EV/EBITDA and P/E are tracking up slightly YTD
document IMAGES-003-HOUSE_OVERSIGHT_014892.txt Apr 4, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

Sector Valuations Internet sector trading multiples for EV/EBITDA and P/E are tracking up slightly YTD, (excluding NFLX). Ona y/y basis, the group P/E is at 24x vs. 22x last year, while the group EV/EBITDA is at 14x vs. 13x a year ago. Chart 3: Internet Sector Historical 2-Yr F...

Morgan Stanley | RESEARCH
document IMAGES-008-HOUSE_OVERSIGHT_025557.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Morgan Stanley | RESEARCH On average the group currently trades at 10.8x on 2018e EPS with an average effective tax rate for economic net income (the metric NORTH AMERICA INSIGHT ~~ Exhibit 4: Breakeven P/E multiple expansion of 2.1x required to offset 16% lower earnings in a...

Re: for your reading pleasure.. though maybe not
email IMAGES-008-HOUSE_OVERSIGHT_026049.txt Dec 24, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

From: Lawrence Krauss |S | Sent: 12/24/2016 7:37:57 PM To: jeffrey E. [[email protected]] cc: Lawrence Krauss x Subject: Re: for your reading pleasure.. though maybe not Attachments: DA866543-7401-4A5A-8E50-FD32E33A50EC.png Importance: — High I was in antarctica. The we...

Fwd: EUROPEAN MULTI ASSET COVERAGE MEETING IMPRESSIONS: Eyes on Real Money outflows; Christmas comes
email TEXT-001-HOUSE_OVERSIGHT_023635.txt Nov 14, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

From: Thomas Jr., Landon Sent: 11/14/2016 3:32:12 PM To: Jeffrey Epstein [[email protected]] Subject: Fwd: EUROPEAN MULTI ASSET COVERAGE MEETING IMPRESSIONS: Eyes on Real Money outflows; Christmas comes early for most of macro players, hedge funds. Absolute majority bet on HR...

Re: Kuhn - Radical Breakthroughs
email TEXT-001-HOUSE_OVERSIGHT_029293.txt Aug 18, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

From: jeffrey E. [[email protected]] Sent: 8/19/2018 11:46:04 AM To: Robert Kuhn Subject: Re: Kuhn - Radical Breakthroughs I might return , to ny this week not sure yet On Sat, Aug 18, 2018 at 11:53 PM, Robert Kuhn < > wrote: Jeffrey: How's all in our crazy world? I'm in NY u...

James Niedel, MD, Ph.D., (70), Venture Partner, joined Sprout in May 2002 and helped found
document IMAGES-007-HOUSE_OVERSIGHT_024024.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

James Niedel, MD, Ph.D., (70), Venture Partner, joined Sprout in May 2002 and helped found New Leaf in 2005. Jim will change his status to Venture Partner in NLV-II] with the closing of the new fund. In this role, Jim will work full-time as a senior member of the NLV investment t...

were underweight at the start of the year too and missed the lows. We recognized we
document IMAGES-002-HOUSE_OVERSIGHT_014464.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

were underweight at the start of the year too and missed the lows. We recognized we were wrong and closed our underweight and while it took us a while but we eventually managed to go overweight in September. The lesson of that is that themes are great, but when the facts change s...